01 — Local economy
Business in Prague
Most of the Czech Republic's banks, insurers and large company head offices sit in Prague, among them Česká spořitelna, Komerční banka and ČSOB. DHL, Accenture and other multinationals run IT and shared-service centres here, Škoda Auto's plant at Mladá Boleslav an hour away draws many suppliers, and tourism employs much of the historic centre.
Also known as Praha and Prag.
Where software helps: Prague firms invoicing across the EU need ERP and billing that handle Czech VAT control statements, reverse-charge and CZK/EUR pricing, with AI tools hosted under GDPR for client and employee data.